Pension giant Phoenix reportedly plotting multibillion-pound fund in boost for Hunt’s Mansion House Reforms April 8, 2024 Phoenix Group, the UK's largest long-term savings and retirement business, is reportedly planning to launch a new multibillion-pound fund to invest in high-growth companies and boost pension returns.
Car insurance claims payouts hit a record £1.1m an hour in 2023 April 6, 2024 A staggering £9.9bn was paid out to motorists across 2023, according to the ABI, the highest annual figure since it began collecting data.
Abrdn shareholders should oppose finance chief’s £675k salary says proxy advisor as boss handed £800k bonus April 4, 2024 An influential proxy advisor has urged Abrdn shareholders to vote against the asset manager’s pay report due to its new chief financial officer’s £675,000 salary, despite his pay matching the job he was poached from.
Co-op’s revenue ticks down but group looks forward to ‘golden era’ of growth April 4, 2024 The Co-op board said it was confident in the group’s outlook for the year, as it steams ahead with plans to target eight million members by the end of the decade.
Record-level demand for tax lawyers after Spring Budget April 2, 2024 According to a report by professional recruiter Search and market data analysts Vacancysoft, record levels of tax lawyer vacancies were posted in law firms in February in London and nationally.
Tesla misses delivery targets by over 60,000 cars as growth grinds to a halt April 2, 2024 Tesla missed the consensus Wall Street estimate of 449,080 deliveries by more than 62,000, its largest margin to date.
London insurers failed to move aviation mega-lawsuit out of UK court to Russia April 2, 2024 The claimants in this case are some of the world’s largest aircraft lessors including AerCap, Aircastle, Avenue Capital, Carlyle Aviation Partners, FTAI Aviation and Merx Aviation.
Gold funds leapt in March as precious metals took eight of the top 10 positions April 2, 2024 "With the price of an ounce rising almost 10 per cent in March, it’s no surprise seeing gold equities finally coming to the party."
Car insurance premiums fall in ray of light for British motorists April 2, 2024 The cost of car insurance in the UK is slowly starting to fall for the first time, signalling an end to the unprecedented surge in premium prices in recent years.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.